Saudi Arabia oil loadings down 28%
Oil tankers able to haul about 7.3 million barrels a day of crude went to Saudi Arabia’s Ras Tanura last week, the world’s largest crude-export terminal, ship- tracking data compiled by Bloomberg show.
Vessels with a total capacity of 6.96 million deadweight tons were at Ras Tanura from Dec. 11 to Dec. 17, or 28 percent less than the previous seven-day period, the data show. The figure was multiplied by 7.33 and then divided by seven to estimate a barrels-a-day equivalent.
China will get the largest share of shipments, with four loadings during the period. Very large crude carriers with a combined capacity of about 1.22 million tons, or 8.98 million barrels, are heading for the country after loading at the terminal. Japan will receive three cargoes, the data show.
Vessels with a total capacity of 6.96 million deadweight tons were at Ras Tanura from Dec. 11 to Dec. 17, or 28 percent less than the previous seven-day period, the data show. The figure was multiplied by 7.33 and then divided by seven to estimate a barrels-a-day equivalent.
China will get the largest share of shipments, with four loadings during the period. Very large crude carriers with a combined capacity of about 1.22 million tons, or 8.98 million barrels, are heading for the country after loading at the terminal. Japan will receive three cargoes, the data show.
